SKYX Platforms Corp (NASDAQ:SKYX) price on Friday, July 12, rose 7.76% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.86.
A look at the stock’s price movement, the close in the last trading session was $0.80. Turning to its 52-week performance, $2.66 and $0.72 were the 52-week high and 52-week low respectively. Overall, SKYX moved -10.76% over the past month.
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SKYX Platforms Corp’s market cap currently stands at around $86.07 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SKYX is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
SKYX’s current price about -8.71% and -9.75% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.73, while 7-day volatility ratio is 12.07% and 10.34% in the 30-day chart. Further, SKYX Platforms Corp (SKYX) has a beta value of 2.86, and an average true range (ATR) of 0.09.
If we refocus on SKYX Platforms Corp (NASDAQ:SKYX), historical trading data shows that trading volumes averaged 374.99K over the past 3 months. The company’s latest data on shares outstanding shows there are 93.47 million shares.
The 41.46% of SKYX Platforms Corp’s shares are in the hands of company insiders while institutional holders own 11.68% of the company’s shares. Current price change has pushed the stock -46.30% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SKYX stock continues to rise going into the next quarter.